Recent trends toward earlier retirement have exacerbated the financial problems facing the Social Security system and many other public and private pension plans. The massive commitment of public and private funds to Social Security and pension funds is partly responsible for the trend to early retirement. This, in fact, was one of the early goals…

Two issues currently before Congress may have significant effects on the labor market experiences of retirement age individuals. These issues are the abolition of the mandatory retirement age and the elimination of the Social Security program's earning test. Both of these changes, if they occur, can be expected to affect the retirement decisions…

Examined partial retirement among older self-employed and wage and salary workers. Found much more partial retirement among the self-employed. Retirement status was correlated with health, age, Social Security and pension eligibility, and wealth. Suggests workers might choose part-time employment if opportunities were available. (Author/JAC)